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The current assets and liabilities sections of the comparative balance sheet of Carla Vista Inc., a private company reporting under ASPE, at October 31 are
The current assets and liabilities sections of the comparative balance sheet of Carla Vista Inc., a private company reporting under ASPE, at October 31 are presented below, along with the income statement: CARLA VISTA INC. Income Statement Year Ended October 31, 2024 Sales Prepare the operating activities section of the cash flow statement using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Adjustments to reconcile profit to $
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